Car valuation refers to the process of identifying the market value of a used vehicle. The accurate assessment of the market value of a used car makes it easier to find a potential buyer. Asking an unrealistic or high price for a used car can limit the scope of attracting the attention of potential buyers, which is why obtaining car valuation service from a reputable company bears critical importance. Additionally, car valuation prevents car sellers from asking a fairly low price for their car that can result in a potential financial loss.
SellAnyCar.com, the largest car buying company in the UAE understands the importance of fair car valuation and provides customers with a hassle-free car value assessment service. The free two-level car value calculation system helps car sellers avail the best car valuation service in the UAE completely free of cost.
Factors involved in Determining the Market Value of a Used Car
Many factors need to be considered while evaluating a used car including make, model and age of the vehicle amongst others. The age of a car is one of the most important factors that play an important role in assessing the market value of the car. The possibility of increased mileage and excessive wear and tear is higher for cars that are older than 3 to 5 years. This is, however, not true for every car as some used car owners maintain their cars incredibly well, which pays off at the time of selling such cars. Regular maintenance is an important factor that can potentially increase the worth of a car in the used car market of the UAE.
There are also some other factors that can play a major role in determining the value of a used car. Car buyers usually prefer buying vehicles that have original parts and accessories. On the other hand, selling modified or accident-damaged vehicles in the used car market can be difficult as such vehicles don’t attract the attention of buyers. It adds to the potential market value of a used car if the equipment and accessories of a car have been maintained in their original condition over a long period of time.
Also read: SellAnyCar.com’s Introspective Comparison of Used Car Brands in the UAE by Market Share and Age
Different Methods for Car Valuation
One of the most popular ways of determining the value of a used car in the UAE is by using an online car valuation tool. Only a few specialist car buying companies in the UAE offer this service to customers to provide an estimate of the market value of a used car. These companies have their own car value calculators that can generate the value of a car in a matter of few minutes. However, an online car value calculator can only calculate the average value of a car as it cannot precisely take into account all the aforementioned car valuation factors.
Also read: 7 Things Which Impact the Resale Value of Your Car
How SellAnyCar.com can help in accurately determining the Value of a Used Car?
SellAnyCar.com is the largest car buying company in the UAE that makes it 100% hassle-free to sell a car in the UAE. From initial online car valuation to the post-sale paperwork, SellAnyCar.com offers zero-obligation car valuation and car buying services to car sellers in the UAE. There are no hidden fees and car sellers can sell any used car, regardless of its model, age or condition in just 30 minutes to SellAnyCar.com.
The extensive car valuation process is completed in two steps at SellAnyCar.com. In the first step, customers need to calculate the value of their car using SellAnyCar.com’s online car valuation tool. The state-of-the-art car valuation tool gives a fair idea of the actual market value of a used car, however, the price calculated through online valuation tool should never be taken as the final price of the vehicle. After online car valuation, customers need to book an appointment and bring their vehicle on the given day for its physical inspection at one of its nationwide branches.
Our experts individually and completely inspect the vehicle and evaluate it to give car sellers a final estimate for their vehicle’s value. After the process of physical inspection, car sellers can sell their vehicle to SellAnyCar.com if they agree with the final price or they can simply walk away without paying any fees for the car inspection and valuation. This is how SellAnyCar.com helps cars sellers in obtaining the most reliable car valuation service completely free of cost.
If you are looking to sell your used car to buy a new one with advanced safety features and improved performance, then don’t forget that with us, you can sell any used car in just 30 minutes while all the post-sale paperwork is handled by SellAnyCar.com’s team.